Companies in China have been wary of cryptocurrencies. That situation won’t necessarily change following some new guidelines coming out of Beijing. It has been a while since some “China bans bitcoin” FUD made headlines. More Bitcoin Trading FUD From China For reasons unknown, such news tends to come around at least once a year. This year’s edition seems to focus on companies looking to engage in the crypto asset industry. Beijing authorities claim no companies should engage in trading cryptocurrencies or providing other custodial services. While this is not an official guideline, the “request” does send a very clear message.
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